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Subjects
Class 11Home ScienceWork, Livelihood and CareerEntrepreneurship: definition and characteristicsHardLevel 47

If an entrepreneur estimates possible loss before applying a new idea, which quality is shown?

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Answer and explanation

Correct answer: Risk assessment

Estimating possible loss is risk assessment. Exam tip: link risk assessment with planning.

Tags

home-scienceentrepreneurshiprisk-assessment

Frequently asked questions

What is the correct answer to this question?

Risk assessment

Why is this the correct answer?

Estimating possible loss is risk assessment. Exam tip: link risk assessment with planning.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Entrepreneurship: definition and characteristics.

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